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Telephone & Data Systems Inc

TDS
Exchange
NYSE
Industry
Telephone Communications (No Radiotelephone)
SEC CIK
0001051512

In the last 90 days, Telephone & Data Systems Inc insiders filed 0 open-market purchases and 1 sale; 351 institutions reported holding it in 13F filings for Q2 2026, worth $3.95B in total; superinvestors Third Point and Oaktree Capital hold it.

Other share classesTDS.PUTDS.PV

13F holders, Q2 2025

Institutional positions in Telephone & Data Systems Inc as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
312
+7 vs. Q1 2025
Shares held
101.2M
+2.62M (+2.7%) vs. Q1 2025
Total value
$3.60B
−$183.5M (−4.9%) vs. Q1 2025
New holders
37
111 more added
Sold out
30
121 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TDS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 312 institutions
Q1 2021: 244 institutionsQ2 2021: 224 institutionsQ3 2021: 218 institutionsQ4 2021: 226 institutionsQ1 2022: 213 institutionsQ2 2022: 233 institutionsQ3 2022: 234 institutionsQ4 2022: 244 institutionsQ1 2023: 235 institutionsQ2 2023: 232 institutionsQ3 2023: 258 institutionsQ4 2023: 263 institutionsQ1 2024: 255 institutionsQ2 2024: 256 institutionsQ3 2024: 276 institutionsQ4 2024: 301 institutionsQ1 2025: 306 institutionsQ2 2025: 312 institutionsQ3 2025: 321 institutionsQ4 2025: 343 institutionsQ1 2026: 356 institutionsQ2 2026: 351 institutions
Value heldQ2 2025: $3.60B
Q1 2021: $2.09BQ2 2021: $2.14BQ3 2021: $1.82BQ4 2021: $1.92BQ1 2022: $1.83BQ2 2022: $1.50BQ3 2022: $1.33BQ4 2022: $1.10BQ1 2023: $966.6MQ2 2023: $790.5MQ3 2023: $1.67BQ4 2023: $1.66BQ1 2024: $1.46BQ2 2024: $1.91BQ3 2024: $2.19BQ4 2024: $3.31BQ1 2025: $3.78BQ2 2025: $3.60BQ3 2025: $4.11BQ4 2025: $4.19BQ1 2026: $4.26BQ2 2026: $3.95B
Institutions holding TDS and their total value by quarter
QuarterHoldersValue
Q2 2026351$3.95B
Q1 2026356$4.26B
Q4 2025343$4.19B
Q3 2025321$4.11B
Q2 2025312$3.60B
Q1 2025306$3.78B
Q4 2024301$3.31B
Q3 2024276$2.19B
Q2 2024256$1.91B
Q1 2024255$1.46B
Q4 2023263$1.66B
Q3 2023258$1.67B
Q2 2023232$790.5M
Q1 2023235$966.6M
Q4 2022244$1.10B
Q3 2022234$1.33B
Q2 2022233$1.50B
Q1 2022213$1.83B
Q4 2021226$1.92B
Q3 2021218$1.82B
Q2 2021224$2.14B
Q1 2021244$2.09B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Telephone & Data Systems Inc; share changes are against Q1 2025.

Institutions holding TDS in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Voya Investment Management LLC67,358$2.40M0.00%−438−0.6%Reduced
Advisors Asset Management, Inc.62,637$2.23M0.04%−156,067−71.4%Reduced
State of Alaska, Department of Revenue58,739$2.09M0.02%+4,704+8.7%Added
MetLife Investment Management58,312$2.07M0.01%−103−0.2%Reduced
State of New Jersey Common Pension Fund D55,674$1.98M0.01%+2,919+5.5%Added
Mirae Asset Global ETFs Holdings Ltd.53,814$1.91M0.00%−4,907−8.4%Reduced
Connor, Clark & Lunn Investment Management Ltd.52,964$1.88M0.01%−46,604−46.8%Reduced
Illinois Municipal Retirement Fund52,882$1.88M0.03%+1,987+3.9%Added
Canada Pension Plan Investment Board52,700$1.88M0.00%−3,600−6.4%Reduced
Manufacturers Life Insurance Company, The51,952$1.85M0.00%−2,616−4.8%Reduced
LPL Financial LLC47,760$1.70M0.00%−16,547−25.7%Reduced
Louisiana State Employees Retirement System46,100$1.64M0.03%+200+0.4%Added
Bank of Montreal45,795$1.63M0.00%+470+1.0%Added
Diametric Capital, LP45,448$1.62M0.86%+45,448New
Janus Henderson Group PLC43,214$1.54M0.00%00.0%Unchanged
HSBC Holdings PLC40,797$1.45M0.00%+11,015+37.0%Added
Yousif Capital Management, LLC40,570$1.44M0.02%−356−0.9%Reduced
Natixis Advisors, L.P.39,928$1.42M0.00%−1,783−4.3%Reduced
State Board of Administration of Florida Retirement System38,016$1.35M0.00%00.0%Unchanged
Croban36,825$1.31M1.12%−543−1.5%Reduced
Janney Montgomery Scott LLC36,708$1.31M0.00%+11,521+45.7%Added
Comerica Bank36,545$1.30M0.01%+694+1.9%Added
Truist Financial Corp36,513$1.30M0.00%−2,192−5.7%Reduced
CWM Advisors, LLC36,456$1.30M0.14%+6,133+20.2%Added
State of Wisconsin Investment Board35,575$1.27M0.00%−22,970−39.2%Reduced
Royal Bank of Canada34,184$1.22M0.00%−7,981−18.9%Reduced
Alhambra Investment Partners LLC34,000$1.21M0.60%00.0%Unchanged
XTX Topco Ltd33,850$1.20M0.05%+33,850New
New York State Common Retirement Fund32,435$1.15M0.00%00.0%Unchanged
Jefferies Financial Group Inc.32,208$1.15M0.02%+32,208New
Zurcher Kantonalbank (Zurich Cantonalbank)30,851$1.10M0.00%+5,456+21.5%Added
Teachers Retirement System of the State of Kentucky30,147$1.07M0.01%−2,264−7.0%Reduced
Simplex Trading, LLC29,849$1.06M0.03%+24,838+495.7%Added
Arizona State Retirement System29,723$1.06M0.01%+838+2.9%Added
STRS Ohio29,700$1.06M0.00%+900+3.1%Added
Mariner, LLC29,269$1.04M0.00%−1,886−6.1%Reduced
Maryland State Retirement & Pension System28,986$1.03M0.02%+540+1.9%Added
Ensign Peak Advisors, Inc28,950$1.03M0.00%00.0%Unchanged
IMC-Chicago, LLC28,660$1.02M0.03%+28,660New
Amalgamated Bank28,061$998.0K0.01%+270+1.0%Added
State of Tennessee, Treasury Department27,462$977.1K0.00%−6,304−18.7%Reduced
Russell Investments Group, Ltd.27,043$962.2K0.00%+21,142+358.3%Added
Vident Advisory, LLC26,559$945.0K0.01%−3,514−11.7%Reduced
CWA Asset Management Group, LLC26,399$939.3K0.04%−1,666−5.9%Reduced
Central Pacific Bank - Trust Division26,200$932.2K0.12%00.0%Unchanged
Amundi25,627$911.0K0.00%−26,346−50.7%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys25,323$901.0K0.00%+1,986+8.5%Added
Martingale Asset Management L P25,284$899.6K0.02%−13,823−35.3%Reduced
Summit Global Investments24,277$864.0K0.05%+3,267+15.5%Added
Ionic Capital Management LLC24,254$863.0K0.97%00.0%Unchanged
Walleye Trading LLC24,113$857.9K0.02%+24,113New
First Citizens Bank & Trust Co23,116$822.5K0.01%+15,360+198.0%Added
Handelsbanken Fonder AB23,025$819.0K0.00%00.0%Unchanged
Oregon Public Employees Retirement Fund22,422$797.8K0.01%+140+0.6%Added
Police & Firemen's Retirement System of New Jersey22,268$792.3K0.01%+1,232+5.9%Added
Envestnet Portfolio Solutions, Inc.22,268$792.3K0.00%+15,360+222.4%Added
KLP Kapitalforvaltning AS22,200$789.9K0.00%+1,600+7.8%Added
ProShare Advisors LLC21,924$780.1K0.00%−1,284−5.5%Reduced
Teacher Retirement System of Texas21,903$779.3K0.00%−3,657−14.3%Reduced
Virginia Retirement Systems Et Al21,000$747.2K0.01%−2,400−10.3%Reduced
Edgestream Partners, L.P.18,843$670.4K0.02%−132,788−87.6%Reduced
Guggenheim Capital LLC18,651$663.6K0.01%−20,603−52.5%Reduced
Mackenzie Financial Corp17,741$631.2K0.00%−3,867−17.9%Reduced
Fidelis Capital Partners, LLC16,589$626.2K0.06%+26+0.2%Added
Sierra Summit Advisors LLC17,232$613.1K0.11%+17,232New
Creative Planning17,105$608.6K0.00%+2,044+13.6%Added
Elo Mutual Pension Insurance Co16,978$604.1K0.01%+16,978New
Wolverine Trading, LLC17,125$587.6K0.01%−7,374−30.1%Reduced
Cerity Partners LLC16,399$583.5K0.00%−543−3.2%Reduced
CSS LLC16,000$569.3K0.04%−3,000−15.8%Reduced
Pictet Asset Management Holding SA15,926$566.6K0.00%−136−0.8%Reduced
Clear Street Markets LLC15,026$534.6K0.19%+15,026New
Landscape Capital Management, L.L.C.14,884$529.6K0.04%+3,288+28.4%Added
Winton Group Ltd14,516$516.5K0.03%−3,924−21.3%Reduced
The PNC Financial Services Group, Inc.14,441$513.8K0.00%−3,279−18.5%Reduced
Callan Family Office, LLC14,393$512.1K0.02%+3,744+35.2%Added
Dynamic Technology Lab Private Ltd13,948$496.0K0.07%+13,948New
Tower Research Capital LLC (TRC)13,599$483.9K0.01%+10,997+422.6%Added
Horizon Investments, LLC13,136$467.4K0.01%+13,136New
Segall Bryant & Hamill, LLC13,117$466.7K0.01%−15,366−53.9%Reduced
BNP Paribas Arbitrage, SA12,722$452.6K0.00%−33,885−72.7%Reduced
CI Private Wealth, LLC12,719$452.5K0.00%−383−2.9%Reduced
Covestor Ltd12,464$444.0K0.26%+2,286+22.5%Added
CIBC World Markets Corp12,098$430.4K0.00%−9,790−44.7%Reduced
OP Asset Management Ltd11,852$421.7K0.01%+1,266+12.0%Added
Toroso Investments, LLC11,733$417.5K0.00%+156+1.3%Added
Cambria Investment Management, L.P.11,727$417.2K0.03%−325−2.7%Reduced
Public Employees Retirement Association of Colorado11,714$417.0K0.00%00.0%Unchanged
SEI Investments Co11,010$391.8K0.00%−2,843−20.5%Reduced
Quantinno Capital Management LP10,992$391.1K0.00%+1,561+16.6%Added
Two Sigma Securities, LLC10,916$388.4K0.05%+10,916New
Evergreen Capital Management LLC10,686$380.2K0.01%−544−4.8%Reduced
Pensionmark Financial Group, LLC10,632$378.3K0.01%−777−6.8%Reduced
Lazard Asset Management LLC10,520$374.0K0.00%+95+0.9%Added
JustInvest LLC10,054$357.7K0.00%−709−6.6%Reduced
Highbridge Capital Management LLC10,000$355.8K0.02%00.0%Unchanged
Ameritas Investment Partners, Inc.9,979$355.1K0.01%00.0%Unchanged
Resources Investment Advisors, LLC.9,851$350.5K0.00%+203+2.1%Added
Verition Fund Management LLC9,667$344.0K0.00%+9,667New
CIBC Asset Management Inc9,572$340.6K0.00%00.0%Unchanged